BTCUSD Fibonacci Support Resistance zones: Bitcoin as of Jul 30

已更新

This is my periodic update of Support Resistance zones for this pair.
See the ''Related Ideas'' links below for previous calculations.

Several zones have changed since last post.
There are many zones generated from consolidation zones, as one would expect.
So while seems like a whole bunch of random lines, I am confident each of them will be noticed.

General Info
These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.

Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.

Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.

I will update as new zones are defined by upcoming Fibs.

註釋

That zone in the 8100 area is a new one since my last post.
Fibs of the moves since focused that zone for me, and seems to be valid.

註釋

Strong move down, but still calibrated to the Fibs

註釋

Nice example of consolidation in a thick zone, and apparent breakout after retest of the top of band

註釋

Very cool spike

註釋

These are the type of pings that confirm the zones.

註釋

Wow, this skinny little zone really gonna turn it?

(it at the 7300 round so not a big surprise)

註釋

All zones still doing their thing, and VERY Precisely

註釋

Another confirmation of Fib zone Vailidity

Looks like it pierced zone, but in reality it bounce exactly off a 2.618 extension which I failed to account for

註釋

All fibs still proving to be precisely valid

註釋

Interesting the Freeze at each of these fib lines, sure validates them

註釋

Nice coherence. Some perfect support becomes resistance examples.

Closeup of recent action

註釋

Nice

註釋

Another nice confirmation of a fib zone

註釋

Wow

註釋

Ping

註釋

Ping! again!

註釋

Pinged confirmation

Sure the bounce happened during low volume time, and any real volume would have blown through that line. But that ping shows there is SOMETHING htere

註釋

Not sure how many times this zone can bounce it

註釋

Hmm, that fib line at 142 appears to be an important one

註釋

All resonance points still proving relevant

註釋

There are pings that confirm levels to the pip:

註釋

All fibs still being confirmed.

ignoring those large spikes in both directions (which still mostly noticed the fibs), the vibrations appear to be attempted a re-sync to existing rhythm

註釋

All pings still confirmed CAPN

註釋

Give me a ping Vasily. . . . One ping Only please

註釋

Those pesky fibs. Working for the bears right now

註釋

BTC bulls facing a couple of battle hardened zones in 6640-6672 area

註釋

All zones still confirming.
(green zone is newly added)

註釋

Nice

註釋

Has been resting on this line for over 20 minutes now.
Not a 'round' number, not a pivot, just a fib line.

註釋

Most zones still confirming perfectly, EXCEPT these last moves (red circles).
The green zone is new since original post, waiting to see if it gets tested again.